Litecoin price breaks the support – Analysis - 11-01-2019

Economies.com
2019-01-11 04:43AM UTC

Litecoin price continued to decline to break the bullish channel’s support line and settles below it, which brings the price back to the main bearish track, targeting visiting 30.00 areas mainly.

 

Therefore, the bearish bias will be suggested in the upcoming sessions unless breaching 33.00 followed by 35.70 levels and holding above them.

 

Expected trading range for today is between 28.00 support and 33.00 resistance

Expected trend for today: Bearish

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